Crypto

Revealed: Countries with the Highest Cryptocurrency Ownership, 2024 – CEOWORLD magazine

Published

2 years ago

May 11, 2024

Revealed: Countries with the Highest Cryptocurrency Ownership, 2024 – CEOWORLD magazine

A recent report by CEOWORLD magazine has ranked countries based on their cryptocurrency ownership rates. The study found that the United Arab Emirates (UAE) has the highest percentage of its population who own crypto, with almost 30.39% of the UAE’s total population owning crypto. This is largely due to the country’s favorable regulations towards blockchain technology, and the use of cryptocurrency is legal. Vietnam ranks second-highest among countries with the highest cryptocurrency ownership, with almost 21.19% of the total population owning crypto. The rapid digitization of the economy in Vietnam is responsible for the surge in crypto ownership across the country.

It is worth noting that if we were to rank countries based on the number of people who own cryptocurrency, India would come in first place with 93 million crypto owners, followed by China with 59 million, and the US with 52 million crypto owners coming in third place.

Countries with the Highest Cryptocurrency Ownership, 2024

Rank	Country	Population	Ownership	Ownership Percentage
1	United Arab Emirates	9,516,871	2,892,107	30.39
2	Vietnam	98,858,950	20,945,706	21.19
3	United States	339,996,563	52,888,108	15.56
4	Iran	89,172,767	12,000,000	13.46
5	Philippines	117,337,368	15,761,549	13.43
6	Brazil	216,422,446	25,955,176	11.99
7	Saudi Arabia	36,947,025	4,201,789	11.37
8	Singapore	6,014,723	664,627	11.05
9	Ukraine	36,744,634	3,885,037	10.57
10	Venezuela	28,838,499	2,970,365	10.3
11	South Africa	60,414,495	6,041,450	10
12	El Salvador	6,364,943	636,494	10
13	Argentina	45,773,884	4,451,944	9.73
14	Thailand	71,801,279	6,902,630	9.61
15	Canada	38,781,291	2,714,177	7
16	Pakistan	240,485,658	15,879,216	6.6
17	India	1,428,627,663	93,537,015	6.55
18	Mexico	128,455,567	8,409,115	6.55
19	Russia	144,444,359	8,749,780	6.06
20	Nigeria	223,804,632	13,261,259	5.93
21	Germany	83,294,633	4,814,430	5.78
22	United Kingdom	67,736,802	3,888,092	5.74
23	Turkey	85,816,199	4,825,626	5.62
24	Kenya	55,100,586	2,796,738	5.08
25	Morocco	37,840,044	1,921,753	5.08
26	Colombia	52,085,168	2,582,764	4.96
27	France	64,756,584	3,056,511	4.72
28	Nepal	30,896,590	1,410,342	4.56
29	Indonesia	277,534,122	12,205,132	4.4
30	China	1,425,671,352	59,134,683	4.15
31	Japan	123,294,513	5,096,970	4.13
32	South Korea	51,784,059	2,120,185	4.09
33	Ecuador	18,190,484	695,148	3.82
34	Cambodia	16,944,826	582,232	3.44
35	Spain	47,519,628	1,452,158	3.06
36	Egypt	112,716,598	3,423,723	3.04
37	Belarus	9,498,238	285,325	3
38	Malaysia	34,308,525	1,011,146	2.95
39	Poland	41,026,067	1,200,394	2.93
40	Netherlands	17,618,299	489,182	2.78
41	Australia	26,439,111	726,241	2.75
42	Portugal	10,247,605	276,185	2.7
43	Peru	34,352,719	881,811	2.57
44	Bangladesh	172,954,319	4,318,791	2.5
45	Italy	58,870,762	1,469,892	2.5
46	Lebanon	5,353,930	132,845	2.48
47	Hong Kong	7,491,609	180,991	2.42
48	Tanzania	67,438,106	1,621,947	2.41
49	Georgia	3,728,282	89,055	2.39
50	Taiwan	23,923,276	567,594	2.37
51	Palestine	5,371,230	126,293	2.35
52	Honduras	10,593,798	241,679	2.28
53	Bulgaria	6,687,717	150,302	2.25
54	Algeria	45,606,480	1,022,874	2.24
55	Ghana	34,121,985	759,162	2.22
56	Seychelles	107,660	2,347	2.18
57	Chile	19,629,590	421,831	2.15
58	Dominican Republic	11,332,972	243,632	2.15
59	Moldova	3,435,931	72,498	2.11
60	Tunisia	12,458,223	257,623	2.07
61	Jamaica	2,825,544	58,011	2.05
62	Bolivia	12,388,571	252,801	2.04
63	Switzerland	8,796,669	177,525	2.02
64	Somalia	18,143,378	351,706	1.94
65	Czech Republic	10,495,295	200,955	1.91
66	Sri Lanka	21,893,579	416,339	1.9
67	Iraq	45,504,560	845,138	1.86
68	Mozambique	33,897,354	630,991	1.86
69	Ivory Coast	28,873,034	537,819	1.86
70	Serbia	7,149,077	131,775	1.84
71	Ethiopia	126,527,060	2,259,197	1.79
72	Belize	410,825	7,366	1.79
73	Costa Rica	5,212,173	92,614	1.78
74	Kazakhstan	19,606,633	341,971	1.74
75	Armenia	2,777,970	48,266	1.74
76	DR Congo	102,262,808	1,758,920	1.72
77	Kyrgyzstan	6,735,347	115,621	1.72
78	Cameroon	28,647,293	481,930	1.68
79	Romania	19,892,812	333,758	1.68
80	Bahamas	412,623	6,638	1.61
81	Sweden	10,612,086	170,092	1.6
82	Jordan	11,337,052	178,935	1.58
83	Estonia	1,322,765	20,564	1.55
84	Greece	10,341,277	157,757	1.53
85	Myanmar	54,577,997	806,426	1.48
86	Rwanda	14,094,683	208,229	1.48
87	Slovakia	5,795,199	85,537	1.48
88	Uzbekistan	35,163,944	512,332	1.46
89	Guatemala	18,092,026	263,422	1.46
90	Belgium	11,686,140	168,588	1.44
91	Mongolia	3,447,157	49,553	1.44
92	Zimbabwe	16,665,409	238,138	1.43
93	Finland	5,545,475	77,263	1.39
94	Laos	7,633,779	105,579	1.38
95	Barbados	281,995	3,856	1.37
96	Uruguay	3,423,108	46,251	1.35
97	Albania	2,832,439	38,109	1.35
98	Austria	8,958,960	120,181	1.34
99	Hungary	10,156,239	134,603	1.33
100	Panama	4,468,087	59,505	1.33
101	Senegal	17,763,163	230,279	1.3
102	Benin	13,712,828	178,470	1.3
103	Latvia	1,830,211	23,797	1.3
104	New Zealand	5,228,100	67,275	1.29
105	Mali	23,293,698	293,819	1.26
106	Croatia	4,008,617	50,520	1.26
107	Togo	9,053,799	113,348	1.25
108	Israel	9,174,520	113,814	1.24
109	Nicaragua	7,046,310	87,095	1.24
110	Paraguay	6,861,524	85,078	1.24
111	Mauritius	1,300,557	16,082	1.24
112	Lithuania	2,718,352	33,462	1.23
113	Cyprus	1,260,138	15,415	1.22
114	North Macedonia	2,085,679	25,111	1.2
115	Uganda	48,582,334	578,284	1.19
116	Denmark	5,910,913	70,605	1.19
117	Madagascar	30,325,732	356,559	1.18
118	Azerbaijan	10,412,651	121,397	1.17
119	Norway	5,474,360	63,735	1.16
120	Slovenia	2,119,675	24,498	1.16
121	Montenegro	626,485	7,239	1.16
122	Bosnia and Herzegovina	3,210,847	36,202	1.13
123	Ireland	5,056,935	56,166	1.11
124	Saint Lucia	180,251	2,002	1.11
125	Zambia	20,569,737	220,509	1.07
126	Trinidad and Tobago	1,534,937	16,467	1.07
127	Angola	36,684,202	381,696	1.04
128	Namibia	2,604,172	26,961	1.04
129	Botswana	2,675,352	27,457	1.03
130	Malta	535,064	5,504	1.03
131	Maldives	521,021	5,353	1.03
132	Luxembourg	654,768	6,484	0.99
133	Suriname	623,236	6,170	0.99
134	Fiji	936,375	9,082	0.97
135	Iceland	375,318	3,626	0.97
136	Burkina Faso	23,251,485	223,201	0.96
137	Haiti	11,724,763	111,385	0.95
138	Tajikistan	10,143,543	95,902	0.95
139	Republic of the Congo	6,106,869	58,015	0.95
140	Libya	6,888,388	64,863	0.94
141	Gabon	2,436,566	22,528	0.92
142	Bahrain	1,485,509	13,536	0.91
143	Afghanistan	42,239,854	381,110	0.9
144	Malawi	20,931,751	187,835	0.9
145	Qatar	2,716,391	24,557	0.9
146	Guyana	813,834	7,127	0.88
147	Brunei	452,524	3,892	0.86

Have you read?
Best countries for hiring freelancers.
Highest Paid Big Pharma CEOs And Top Executives.
Best Websites For CEOs, business leaders, and high-net-worth individuals.
Best Executive Search Firms And Consultants in America.
Revealed: Most Powerful Women In The World.

Add CEOWORLD magazine to your Google News feed.

Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone
else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine’ prior written consent. For media queries, please contact: info@ceoworld.biz

SUBSCRIBE NEWSLETTER

Click to comment

Crypto

Debate Brews Over Crypto Kiosks As Lawmakers Consider Potential Ban

Published

4 hours ago

February 27, 2026

Press Room

Debate Brews Over Crypto Kiosks As Lawmakers Consider Potential Ban

Lawmakers Consider Crypto ATM Ban as Scam Losses Rise — Including in Central Minnesota

Minnesota lawmakers are considering banning cryptocurrency kiosks as scam losses continue to rise across the state—including in Central Minnesota.

There are currently about 350 crypto kiosks operating statewide, located in places like gas stations, convenience stores, and grocery stores. These machines allow users to deposit cash and convert it into cryptocurrency, which can then be sent electronically.

Law enforcement officials say scammers are increasingly directing victims to use these kiosks because once the money is sent, it is extremely difficult—if not impossible—to recover.

Police say scams often begin with a phone call, text, or online message. In many cases, scammers pose as government officials, tech support workers, or even romantic partners. Victims are eventually told to withdraw cash and deposit it into a crypto kiosk to “protect” their money or resolve a supposed emergency.

Central Minnesota has seen similar cases. Because St. Cloud serves as a regional hub for shopping and services, crypto kiosks are available locally, giving scammers access points to target area residents.

Some say kiosks also serve legitimate users

Despite the concerns, crypto kiosks do offer legitimate benefits. They allow people to purchase cryptocurrency quickly using cash, without needing a traditional bank account, credit card, or online exchange. Supporters say this can make cryptocurrency more accessible, especially for people who prefer cash transactions or have limited access to banking services.

Crypto kiosks can also be used to send money quickly, including international transfers, without relying on traditional wire services. Some users view them as a convenient way to invest in cryptocurrency or move money electronically without going through a bank.

Companies that operate the machines say the vast majority of transactions are legitimate and that kiosks include warnings about scams. They argue the focus should be on stopping scammers, not banning the machines entirely.

Lawmakers weighing next steps

Supporters of the proposed ban say removing the kiosks could help prevent fraud and protect vulnerable residents, particularly older adults. Law enforcement officials told lawmakers that crypto kiosk scams have resulted in significant financial losses statewide.

Minnesota passed regulations in 2024 requiring some safeguards, including limits on deposits for new users and refund requirements in certain fraud cases. But officials say scammers have continued to adapt.

The bill remains under consideration at the Capitol.

In the meantime, authorities urge Central Minnesota residents to be cautious. Officials emphasize that legitimate government agencies, law enforcement, and businesses will never ask someone to deposit cash into a cryptocurrency kiosk.

As cryptocurrency becomes more common, lawmakers are now weighing whether the risks to consumers outweigh the convenience and accessibility these machines provide.

10 (More) Hilariously Bad Google Reviews of Central MN Landmarks

Crypto

Cryptocurrency Investment Fraud: Bizman loses Rs 2.6 cr to crypto, investment fraud | Hyderabad News – The Times of India

Published

16 hours ago

February 26, 2026

Press Room

Hyderabad: A 69-year-old businessman from Somajiguda lost 2.65 crore allegedly in a cryptocurrency and stock investment fraud. Based on his complaint, Hyderabad Cyber Crime police have registered a case.The complainant was first contacted by a fraudster posing as Ramya Krishnan on Aug 30, 2025 through Facebook. She persuaded the victim to invest in a cryptocurrency and stock trading platform, Polyus Finance PFP Gold, hosted at the domain pfpgoldfx.vip, promising high returns to finance his proposed resort and apparel ventures.Fraudsters provided the victim a contact number for daily communication and sent screenshots showing notional profits credited in his wallet in USDT cryptocurrency. To build trust, the fraudster even allowed the victim a token withdrawal of 4,300 on Sept 12, 2025.Encouraged, the victim transferred over 2.65 crore in 10 transactions between Sept 10 and Dec 39, 2025 to various current accounts provided by the accused.When he attempted to withdraw his ‘earnings’, the accused demanded an additional 15% conversion commission. After he refused, the website became inaccessible and calls to the fraudsters went unanswered.Realising that he was duped, the victim filed an online report on the National Cybercrime Reporting Portal (NCRP) before approaching the Cyber Crime police on Feb 25.Based on his complaint, a case was registered under Sections 66C and 66D of the Information Technology Act and Sections 111(2)(b) (Organised crime), 318(4) (Cheating), 319(2) (Cheating by personation), 336(3) (Forgery for purpose of cheating), 338 (Forgery of valuable security, will, etc.) and 340(2) (Using as genuine a forged document or electronic record) of the Bharatiya Nyaya Sanhita on Wednesday. Police were analysing financial transactions to identify and arrest the accused.

Crypto

Terror groups receive $1.7b. from Iran through Binance | The Jerusalem Post

Published

1 day ago

February 26, 2026

Press Room

Terror groups receive .7b. from Iran through Binance | The Jerusalem Post

Iranians were able to access more than 1,500 Binance accounts last year, and $1.7 billion was transferred from two of them to terrorist proxies, The New York Times reported Monday.

That was a potential violation of global sanctions, the report said, citing company records and documents collected by internal investigators.

The cryptocurrency exchange site reportedly fired or suspended at least four employees cited in the internal investigation. The company blamed “violations of company protocol” relating to its clients’ data, the Times reported.

The report came days after The Jerusalem Post spoke with experts from blockchain intelligence platform NOMINIS.io about how the Iranian regime was evading Western sanctions through cryptocurrencies.

The regime maintains a steady income using cryptocurrency through oil sales to Russia and China, NOMINIS CEO Snir Levi said at the time.

Binance founder Changpeng Zhao, who pleaded guilty to failing to implement a program to prevent money laundering, arrives for his sentencing in federal district court in Seattle, Washington. (credit: REUTERS/Deborah Bloom)

Regarding the latest scandal, he told the Post this week: “The latest allegations about Binance come months after the lawsuit by the victims’ families of October 7 – the ongoing Balva [versus] Binance case.

The majority of the allegations can be easily confirmed by on-chain data. There are thousands of cases where money has been sent and received to and from wallets that have clear connections to Iran.”

Binance founder Changpeng Zhao is being sued by the families of American victims and hostages of the October 7 massacre. He has been accused of knowingly enabling Hamas, Hezbollah, Palestinian Islamic Jihad, and Iran’s Islamic Revolutionary Guard Corps to transfer more than $1b. through its platform, including more than $50 million after the October 7 massacre.

Zhao pleaded guilty to anti-money-laundering violations in connection with Binance in 2023. US President Donald Trump pardoned him last October.

“They say what he did was not even a crime,” Trump told reporters last October. “It wasn’t a crime. That he was persecuted by the Biden administration, and so I gave him a pardon at the request of a lot of very good people.”

Binance representative Rachel Conlan said the accounts linked to the $1.7b. in Iranian transactions have been removed and the relevant authorities were informed.

“Any suggestion that Binance knowingly allowed sanctionable activity to continue unchecked is incorrect and defamatory,” she said, despite Zhao’s earlier admission of anti-money-laundering violations.

More than half a dozen compliance officials have left Binance, including a sanctions manager and the leader of the enterprise compliance team, over the past few months, the Times reported.

“No investigator was dismissed for raising compliance concerns or for reporting potential sanctions issues,” Conlan said in a statement to The Guardian.

Democrat senator opens inquiry into cryptocurrency company

While Conlan insisted there was no wrongdoing, US Sen. Richard Blumenthal (D-Connecticut) opened an inquiry into Binance on Tuesday, seeking records of the company’s dealings in Hong Kong , where funds have previously been transferred in a network against sanctions.

“Binance appears to have ignored warnings and recommendations to prevent Iranian money-laundering schemes on its cryptocurrency exchange,” Blumenthal wrote in a letter to Binance co-chief executive Richard Teng.

“According to documents obtained by the Times and the Journal, Binance was even warned that Hexa Whale was financing terrorist organizations such as the Yemeni Houthis, and internal investigators found cryptocurrency transfers to wallets associated with Iran’s Islamic Revolutionary Guards Corps and payments to crew members of Russia’s sanctions-evading shadow fleet of oil tankers,” he wrote.

“Instead of actually preventing illicit use, Binance has sought to evade accountability and influence the White House through lobbying and a financial partnership with World Liberty Financial (WLFI), the cryptocurrency firm owned by the sons of President Trump and his special envoy Steve Witkoff… This influence campaign has worked: In May 2025, the Securities and Exchange Commission announced that it was dismissing a lawsuit against Binance for lying to regulators and mishandling funds, followed in October by the stunning Presidential pardon of founder Changpeng Zhao.”

“The scale of the newly revealed illicit transfers – uncaught until nearly $2 billion flowed to sanctioned entities – and the unexplained firing of internal investigators call into question Binance’s compliance with American sanctions and banking laws, and its 2023 agreement to resolve the previous federal investigation,” Blumenthal wrote.